NYSE:STZ - Constellation Brands Stock Price, News, & Analysis

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$164.60 -2.73 (-1.63 %)
(As of 03/20/2019 04:00 PM ET)
Previous Close$167.33
Today's Range$163.52 - $167.61
52-Week Range$150.37 - $236.62
Volume2.77 million shs
Average Volume2.69 million shs
Market Capitalization$31.25 billion
P/E Ratio18.88
Dividend Yield1.77%
Beta0.45
Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company sells wine across various categories, including table wine, sparkling wine, and dessert wine. It provides beer primarily under the Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands, as well as Funky Buddha, Obregon Brewery, and Ballast Point brands. The company offers wine under the 7 Moons, Black Box, Clos du Bois, Estancia, Mount Veeder, The Dreaming Tree, Franciscan Estate, Nobilo, The Prisoner, Kim Crawford, Ravage, The Velvet Devil, Kung Fu Girl, Mark West, Meiomi, Robert Mondavi, Ruffino, and Simi brands, as well as Schrader Cellars and Charles Smith brands; and spirits under the Casa Noble, High West, SVEDKA Vodka, Black Velvet Canadian Whisky, Casa Noble Tequila, and High West Whiskey brands. It provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. The company was founded in 1945 and is headquartered in Victor, New York.

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Industry, Sector and Symbol

Industry Beverages
Sub-IndustryDistillers & Vintners
SectorConsumer Staples
CUSIP21036P10
Phone585-678-7100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$8.33 billion
Cash Flow$10.2747 per share
Book Value$42.15 per share

Profitability

Net Income$2.32 billion

Miscellaneous

Employees9,600
Market Cap$31.25 billion
Next Earnings Date4/4/2019 (Confirmed)
OptionableOptionable

Constellation Brands (NYSE:STZ) Frequently Asked Questions

What is Constellation Brands' stock symbol?

Constellation Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "STZ."

How often does Constellation Brands pay dividends? What is the dividend yield for Constellation Brands?

Constellation Brands declared a quarterly dividend on Friday, January 11th. Investors of record on Tuesday, February 12th will be given a dividend of $0.74 per share on Tuesday, February 26th. This represents a $2.96 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend is Monday, February 11th. View Constellation Brands' Dividend History.

How will Constellation Brands' stock buyback program work?

Constellation Brands declared that its Board of Directors has approved a share buyback plan on Saturday, January 6th 2018, which authorizes the company to repurchase $3,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its stock is undervalued.

How were Constellation Brands' earnings last quarter?

Constellation Brands, Inc. (NYSE:STZ) posted its quarterly earnings data on Wednesday, January, 9th. The company reported $2.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.04 by $0.33. The business had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.91 billion. Constellation Brands had a return on equity of 17.62% and a net margin of 35.27%. Constellation Brands's revenue for the quarter was up 9.5% compared to the same quarter last year. During the same period last year, the firm earned $2.00 earnings per share. View Constellation Brands' Earnings History.

When is Constellation Brands' next earnings date?

Constellation Brands is scheduled to release their next quarterly earnings announcement on Thursday, April 4th 2019. View Earnings Estimates for Constellation Brands.

How can I listen to Constellation Brands' earnings call?

Constellation Brands will be holding an earnings conference call on Thursday, April 4th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8776731771.

What guidance has Constellation Brands issued on next quarter's earnings?

Constellation Brands issued an update on its FY19 earnings guidance on Wednesday, January, 9th. The company provided earnings per share (EPS) guidance of $9.20-9.30 for the period, compared to the Thomson Reuters consensus estimate of $9.44. Constellation Brands also updated its FY 2019 guidance to $9.20-9.30 EPS.

What price target have analysts set for STZ?

26 brokers have issued twelve-month price targets for Constellation Brands' stock. Their predictions range from $162.00 to $300.00. On average, they expect Constellation Brands' share price to reach $227.8261 in the next year. This suggests a possible upside of 38.4% from the stock's current price. View Analyst Price Targets for Constellation Brands.

What is the consensus analysts' recommendation for Constellation Brands?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Constellation Brands in the last year. There are currently 7 hold ratings, 18 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Constellation Brands.

What are Wall Street analysts saying about Constellation Brands stock?

Here are some recent quotes from research analysts about Constellation Brands stock:
  • 1. According to Zacks Investment Research, "Constellation Brands is gaining from constant brand-building efforts, acquisitions and e-commerce initiatives. Solid earnings and sales surprise history also reflects its inherent strength. The company is also poised to gain from exposure in the cannabis space with its investment in Canopy Growth. However, the company lagged the S&P 500 in the past three months as it slashed earnings outlook for fiscal 2019, stemming from expectations of higher interest expense and softness in wine and spirits business. Notably, incremental interest expense related to investment in Canopy Growth is likely to reduce earnings per share by 25 cents in fiscal 2019. Further, lowered sales and operating income view for the wine and spirits segment is likely to weigh on earnings. Moreover, higher transportation, operating and marketing expenses hurt operating margin for beer segment in fiscal third quarter, which is likely to continue in fiscal 2019." (3/4/2019)
  • 2. Jefferies Financial Group Inc analysts commented, "STZ’s CAGNY pres. was upbeat on the runway for growth in beer (> 70% of EBIT); however, mgmt. wanted to level set expectations in key areas (beer OM %, near-term EPS dilution from wine divest./WEED). STZ’s med-term target for ~10% EPS CAGR was reiterated despite likely declines in FY20. We trim our PT to $255/concede shares likely to tread water near-term, though see beer biz as one of best in CPG and valuation as attractive at ~13.5x EV/EBITDA (ex-Canopy)." (2/21/2019)
  • 3. Pivotal Research analysts commented, "We are convinced that CGC is the best way to play the rapidly growing cannabis market and investors should begin to fully reflect that value and CGC’s prospects, rather than penalizing STZ for the cash carrying costs of the investment, in our view. This makes STZ a truly compelling BUY. VALUATION: Constellation trades at 15.8x our estimate of EV/EBITDA, no doubt as “cheap” as STZ has been in the past five years. If one takes the POV that CGC could double to a $20 billion market cap in 18-24 months (our personal view) then Constellation will have a $10 billion investment as an add-back to EV and thus on the basis of core EBITDA of around $3,000, could trade at 20x that or over $300 based on FY20 EBITDA and the equity value of CGC. We’ve haircut that today but still view it as a more likely than not scenario." (1/9/2019)

Has Constellation Brands been receiving favorable news coverage?

Media stories about STZ stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Constellation Brands earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near term.

Who are some of Constellation Brands' key competitors?

What other stocks do shareholders of Constellation Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Constellation Brands investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Home Depot (HD), Walt Disney (DIS), Canopy Growth (CGC), Boeing (BA), salesforce.com (CRM), Visa (V) and UnitedHealth Group (UNH).

Who are Constellation Brands' key executives?

Constellation Brands' management team includes the folowing people:
  • Mr. Robert S. Sands II, CEO & Director (Age 60)
  • Mr. William A. Newlands, Pres, CEO & Director (Age 60)
  • Mr. David Eric Klein, Exec. VP & CFO (Age 55)
  • Mr. Ricardo Bartra, Sr. VP & Chief Technology Officer
  • Ms. Patty Yahn-Urlaub, VP of Investor Relations

Who are Constellation Brands' major shareholders?

Constellation Brands' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.22%), FMR LLC (1.33%), American Century Companies Inc. (1.03%), Geode Capital Management LLC (1.02%), Bank of New York Mellon Corp (0.95%) and Northern Trust Corp (0.94%). Company insiders that own Constellation Brands stock include Barry A Fromberg, Christopher Stenzel, David Eric Klein, James A Locke III, Richard Sands, Robert Sands, Thomas J Mullin, Thomas Michael Kane, William A Newlands and William F Hackett. View Institutional Ownership Trends for Constellation Brands.

Which major investors are selling Constellation Brands stock?

STZ stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of Montreal Can, Third Point LLC, Two Sigma Advisers LP, BlackRock Inc., CI Investments Inc., Voloridge Investment Management LLC and Diamond Hill Capital Management Inc.. Company insiders that have sold Constellation Brands company stock in the last year include Barry A Fromberg, Christopher Stenzel, David Eric Klein, James A Locke III, Richard Sands, Robert Sands and Thomas Michael Kane. View Insider Buying and Selling for Constellation Brands.

Which major investors are buying Constellation Brands stock?

STZ stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Mackenzie Financial Corp, Eagle Asset Management Inc., SG Americas Securities LLC, Samlyn Capital LLC, California Public Employees Retirement System, Gotham Asset Management LLC and MUFG Securities EMEA plc. View Insider Buying and Selling for Constellation Brands.

How do I buy shares of Constellation Brands?

Shares of STZ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Constellation Brands' stock price today?

One share of STZ stock can currently be purchased for approximately $164.60.

How big of a company is Constellation Brands?

Constellation Brands has a market capitalization of $31.25 billion and generates $8.33 billion in revenue each year. The company earns $2.32 billion in net income (profit) each year or $8.72 on an earnings per share basis. Constellation Brands employs 9,600 workers across the globe.

What is Constellation Brands' official website?

The official website for Constellation Brands is http://www.cbrands.com.

How can I contact Constellation Brands?

Constellation Brands' mailing address is 207 HIGH POINT DRIVE BUILDING 100, VICTOR NY, 14564. The company can be reached via phone at 585-678-7100 or via email at [email protected]


MarketBeat Community Rating for Constellation Brands (NYSE STZ)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  702 (Vote Outperform)
Underperform Votes:  671 (Vote Underperform)
Total Votes:  1,373
MarketBeat's community ratings are surveys of what our community members think about Constellation Brands and other stocks. Vote "Outperform" if you believe STZ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STZ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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